Until we see some better figure. Hold off. Of course do your own research
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Lost 15% in less than 2 weeks.... lucky only $2k...
Want to buy more using my dog stock dividend this thrusday
One could argue it is the best 'punt' on the NZX right now. I reckon we are close to 1x income. HGH trading 5.5x? Crazy stuff.
I am hoping to see qrt on qrt growth in aus originations of 25% in the next announcement. If we get that it could reverse the downward spiral of the poor ole HMY sp.
I have dipped my toes in twice now trying to pick the bottom. What are the sayings? The trend is your friend? Better to double up rather than double down? Ah well. Now I'm gun shy, will wait for the next announcement before i buy more.
Bit of positive action today. That makes a change.
So is this the actual bottom then?
It just needs a little more liquidity and I could put it under close observation.
2-3 weeks we should get Q4 or H2 trading update. I wouldn't think we would see much SP action until then?? Unless word has gotten out that it has been a transformational qrt with big number of Aus originations???
What's the saying, got to spend money to make money?
HMY can't lend what they don't have.
Anyways, not too concerned with the bottom line right now. It is all about originations growth and impairments. Hopefully impairments are decreasing as a percentage. Interest expense will naturally slowly decrease the bigger/ more proven they get.